Canaccord predicts recovery for UK housebuilders

2nd Dec 2020 11:53

(Sharecast News) - Bellway, Crest Nicholson and Redrow look particularly attractive as UK housebuilders profits start to recover from the Covid-19 crisis, Canaccord Genuity said.

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Crest Nicholson sees FY profit 'significantly' ahead of consensus

3rd Nov 2020 07:34

(Sharecast News) - Housebuilder Crest Nicholson said on Tuesday that full-year profit is set to be ahead of market expectations thanks to positive trading since the end of the Spring lockdown, as it announced the reinstatement of its dividend.

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Deutsche Bank upgrades Crest Nicholson after actions to reduce 'swollen' cost base

7th Sep 2020 13:51

(Sharecast News) - Analysts at Deutsche Bank upgraded their recommendation for shares of Crest Nicholson from 'hold' to 'buy', pointing to the quick remedial actions executed by management to rein in the homebuilder's swollen cost base.

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Monday broker round-up

7th Sep 2020 13:36

(Sharecast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 799.0p.

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Deutsche Bank lifts Crest Nicholson to 'buy'

7th Sep 2020 08:04

(Sharecast News) - Deutsche Bank upgraded shares of housebuilder Crest Nicholson on Monday to 'buy' from 'hold' and lifted the price target to 250p from 202p as it said strong action has been taken to address the cost base and the stock is attractively valued.

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Housebuilders rally on report of Help to Buy extension

28th Jul 2020 10:13

(Sharecast News) - Shares of London-listed housebuilders rallied on Tuesday following a report the UK government is planning to extend the Help to Buy scheme.

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Friday broker round-up

26th Jun 2020 13:24

(Sharecast News) - Crest Nicholson: Jefferies downgrades to hold with a target price of 226.0p.

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Jefferies cuts Crest Nicholson to 'hold' in upbeat sector note

26th Jun 2020 09:48

(Sharecast News) - Jefferies cut its rating on Crest Nicholson shares to 'hold' because of the company's higher-risk profile but the broker was upbeat on the wider sector's prospects.

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Thursday broker round-up

25th Jun 2020 14:05

(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.

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Canaccord ups rating on Crest Nicholson to 'buy'

25th Jun 2020 08:22

(Sharecast News) - Canaccord Genuity has upped its recommendation on Crest Nicholson to 'buy' following its interim results.

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Crest Nicholson interim profit, revenue hit by Covid outbreak

24th Jun 2020 07:37

(Sharecast News) - Housebuilder Crest Nicholson reported a slump in interim revenue and profit on Wednesday as it took a hit from the Covid-19 pandemic, and said full-year profit was set to fall.

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Wednesday preview: European business confidence, Crest Nicholson in the spotlight

23rd Jun 2020 14:04

(Sharecast News) - Financial markets' focus on Wednesday will be on the release of multiple business confidence surveys across the Continent.

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Crest Nicholson approved for £300m BoE facility

18th Jun 2020 13:46

(Sharecast News) - Crest Nicholson has been approved for a £300m facility under the Bank of England's covid corporate financing programme.

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Crest Nicholson to start reopening sites on May 18

13th May 2020 08:14

(Sharecast News) - House builder Crest Nicholson said it would begin a phased restart of work on its sites from May 18 as the government's coronavirus lockdown measures eased.

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Crest Nicholson moves to full shutdown

9th Apr 2020 16:19

(Sharecast News) - Maintaining operations in the wake of the Covid-19 pandemic has now become impractical, one of the UK's largest homebuilders said.

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